Yes, the best way to ensure that your loved ones are taken care of after you pass away is with a will. It doesn’t matter how much money or property there may be – every situation deserves thoughtful consideration.
It is important to have a will, even if you are wealthy. If your loved ones must divide up money and property after death then they won’t know how much responsibility each person deserves because there won’t be any instructions on who should get what in the event of one’s passing away! Additionally with minor children involved it allows for accounts such as guardianship issues which can become complicated very quickly without careful planning beforehand.